WAYS TO GIVE & NEXT STEPS

Most frequently, people will decide to contribute to a capital campaign through a regular recurring donation that goes over and above their annual pledge commitment. This recurring payment can be made by check or a recurring payment on Realm. For example, a contribution of $100 per week for the next year would provide a $5,200 commitment to the capital campaign.

Next Steps:

1. Complete the pledge form by clicking here.

2. Add your additional payment on Realm by clicking here. If you plan to just give through a check, please email Maggie so she can make a note.

An excellent way to provide financial support to the capital campaign is to donate appreciated stock which has been held for at least a year. Donating the stock directly to St. Timothy’s creates two benefits for the donor:

• Since the stock was not sold by the donor, the donor avoids paying capital gains tax on the increase in value.

• The donor is allowed a charitable tax deduction for the full market value of the stock on the date it was donated.

• The Colorado Episcopal Foundation completes the transaction free of charge.

Next Steps:

1. Complete the online commitment card so St. Tim’s is aware of your pledge to give by clicking here.

2. Download and complete this form. Send a copy to Colorado Episcopal Foundation and to St. Tim’s.

3. Send a letter to your brokerage with a copy of the above form. This will ensure your broker has the correct account and routing numbers for the Episcopal Foundation.

4. If you have further questions or needs help, please email Maggie.

Those who are at least 72 with an IRA account must take at least the required minimum distribution (RMD) each year. The RMD can be received as taxable income or contributed to a charity. The amount which you contribute to a charity counts toward the RMD. You have a choice of how you receive the RMD.

1. Receive all of the RMD as a taxable distribution. In this case, all of the distribution is added to your taxable income.

2. Donate all of the RMD directly to one or more charities. In this case, the donation is not added to your taxable income. However, since the donation did not come to you as income, you cannot claim the donation as a charitable deduction.

3. Receive part of the RMD as a taxable distribution and donate the remainder of the RMD directly to one or more charities.

Next Steps:

1. Complete the online commitment card so St. Tim’s is aware of your pledge to contribute by clicking here.

2. Send a letter to your IRA Administrator/Custodian specifying how much of your RMD you want to donate to a charity and how much you want to receive as taxable income. For the charitable donation, you must provide the organization and the organization’s address (St. Timothy’s Episcopal Church, 1401 E. Dry Creek Road, Centennial, CO 80122). Your IRA Administrator/Custodian will send the donation directly to St. Timothy’s. Your IRA administrator may also request information about St. Tim’s non-profit status. For that please click here.

Please email Maggie if you have further questions.